Weekly Gold Analysis

We have recently broken a swing high

this triggers the algorithm to seek higher prices

In order for them to do so they need to create a swing low

to get in trend with the market.

The algorithm buys in down candles not up candles.

We also broke a swing Low on the weekly when gold traded to 1780.

If we don't break the Previous weeks high this will complete the weekly swing High formation.

Once it is formed we can go short on the 3rd candles low.





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